Uptick in adviser numbers: Research
The financial advice industry bucked the trend for the first time in more than three years, adding 626 advisers during the March 2023 quarter.
Source: financialstandard.com.au
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Record superannuation contributions in 2021-22
Australians contributed a record $163 billion into superannuation accounts in 2021-22 according to research from Rainmaker Information. This was an increase of 13 per cent, and the third highest ann
Source: smsfadviser.com
Why investing in funds in net outflows could be more cost-efficient
Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.
Source: moneymanagement.com.au
AMP wealth management AUM grows $2bn
In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion.
Source: financialstandard.com.au
Government divulges vision for superannuation
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards for major financial institutions.
Source: financialstandard.com.au